Sat, 05 Dec 2020

Market Players are investing in advanced technologies such as Machine Learning (ML) and IoT to develop cutting-edge air quality monitoring equipment to reduce outdoor and indoor air pollution.

DUBAI, UAE / ACCESSWIRE / November 16, 2020 / Future Market Insights: The air quality monitoring equipment market is anticipated to exhibit a promising CAGR of 7% during the forecast period, 2019-2029. Growing air pollution in several cities across the world and swift industrialization in developing economies are likely to drive the market growth.

'Increase in harmful emissions such as nitrogen dioxide, carbon monoxide, and particulate matter from the manufacturing and industrial sectors, and strict laws and government regulations to monitor and control air pollution levels will be highly sought after in the approaching years,' states the FMI analyst.

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Key Highlights

North America will capture a hefty share in the global market due to increasing initiatives of air quality monitoring in the U.S. and the region being the early adopter of the technology.

Government environment monitoring agencies segment will account for substantial market share throughout the forecast period.

Holding around three-fourth of overall market value, indoor air quality monitors continues to capture stakeholder's attention for investments.

Commercial and residential sectors are likely to foresee at scale end use adoption as a result of strict government mandates in installing air quality monitoring equipment.

Drivers

Incessant rise in air pollution levels in urban regions and strict government laws and regulations for environmental protection will boost the market growth.

Technological advancements such as smart air quality monitoring equipment are changing the air pollution monitoring landscape.

Surging partnerships between public-private institutions for air pollution monitoring will generate potential development prospects.

Growing trend of wearable technology to enhance indoor and outdoor air quality, and advent of low-cost ambient air quality monitoring systems, will significantly impact the market growth.

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Restraints

Lack of mandatory and stringent regulations for air quality monitoring in several nations are limiting the market growth.

Less awareness about indoor air pollution continues to be major impediment for sales in the market.

Coronavirus Impact on the Market

The COVID-19 has put dent on revenue pool of air quality monitoring equipment market. While the industry is seeing downturn in demand and investments in the sector, at present, the market is projected to recover from 2021-2022. This is mainly due to surging consumers demand for a clean and virus-free environment.

Competitive Landscape

Major players identified in the global air quality monitoring equipment market include TSI Incorporated, SKC Ltd, Aeroqual Limited, Testo, Thermo Fisher Scientific, Honeywell, Opsis AB, PCE Instruments, Ecotech, Vaisala, ENVEA group, Oizom Instruments, and LumaSense Technologies.

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About the Study

The study offers readers a comprehensive assessment of the air quality monitoring equipment market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights according to component (air sampling pumps, sorbent tubes, filters & membranes, sample bags, and other accessories), equipment type(indoor air quality monitors {fixed indoor air quality monitors and portable indoor air quality monitors} and outdoor air quality monitors {fixed outdoor air quality monitors, portable outdoor air quality monitors and air quality monitoring (AQM) stations}), end user (residential, government environment monitoring agencies, commercial {hotels & restaurants, corporates & academic institutions, construction & real estate and others), industrial {energy & utilities, pharmaceuticals, petrochemicals, and others}), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Global Air Quality Monitoring Equipment Market Demand (in Value US$ Mn) Analysis 2014-2018 and Forecast 2019-2029

4.1. Historical Market Value (US$ Mn) Analysis, 2014-2018

4.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Market Background

5.1. Macro-Economic Factors

5.2. Forecast Factors - Relevance & Impact

5.3. Value Chain Analysis

5.4. Market Dynamics

5.4.1. Drivers

5.4.2. Restraints

5.4.3. Opportunity Analysis

6. Global Air Quality Monitoring Equipment Market Analysis 2014-2018 and Forecast 2019-2029, by Component

6.1. Introduction / Key Findings

6.2. Historical Market Size (US$ Mn) Analysis by Component, 2014 - 2018

6.3. Current Market Size (US$ Mn) Analysis and Forecast by Component, 2019 - 2029

6.3.1. Air Sampling Pumps

6.3.2. Sorbent Tubes

6.3.3. Filters & Membranes

6.3.4. Sample Bags

6.3.5. Others Accessories

6.4. Market Attractiveness Analysis by Component

Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-11083

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About Future Market Insights

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Abhishek Budholiya

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

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Report: https://www.futuremarketinsights.com/reports/air-quality-monitoring-equipment-market

Press Release Source: https://www.futuremarketinsights.com/press-release/air-quality-monitoring-equipment-market

SOURCE: Future Market Insights



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https://www.accesswire.com/616841/Air-Quality-Monitoring-Equipment-Sales-are-Poised-to-Recover-After-COVID-19-Led-Disruption-Future-Market-Insights

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